webfact Posted June 20, 2014 Share Posted June 20, 2014 CAT Telecom board will not resign and will make overseas tourBANGKOK: -- The board of directors of CAT Telecom Plc will not resign and will carry on with its plan to make a business trip to Japan and the United States.Mr Kittisak Sriprasert, managing director of CAT Telecom Plc, said today (Friday) that resignation was not an issue at the board’s meeting today because the board was not under any pressure to exit the company.He said that the board would follow the directive ordered by the National Council for Peace and Order that all new projects which is worth more than 100 million baht would be put on hold until there is further instruction from the junta.Previously, he explained that only a project which is worth more than 500 million baht required the board’s endorsement.Commenting on the CAT Telecom’s labor union’s criticism of the board’s overseas business trips to Seattle and Japan during July 6-16 which will cost the company 11.4 million baht in spending, Mr Kittisak said that it was normal for the board to make business trips abroad in order to get themselves abreast with new telecom technology.He went on say that he would seek a clarification from the NCPO at a meeting on Saturday about the company’s plan to auction off its 1800 megahertz spectrum. Source: http://englishnews.thaipbs.or.th/cat-telecom-board-will-resign-will-make-overseas-tour/ -- Thai PBS 2014-06-20 Link to comment Share on other sites More sharing options...
dahinni Posted June 20, 2014 Share Posted June 20, 2014 of course nobody is flying MONKEY CLASS N CHEAP HOTEL ETC. 1 Link to comment Share on other sites More sharing options...
Popular Post raro Posted June 20, 2014 Popular Post Share Posted June 20, 2014 That is over a million Baht a day, sounds rather like a company outing than just a board meeting... Sent from my GT-N7100 using Thaivisa Connect Thailand mobile app 4 Link to comment Share on other sites More sharing options...
Thailand Posted June 20, 2014 Share Posted June 20, 2014 Gulag candidates! 1 Link to comment Share on other sites More sharing options...
scorecard Posted June 20, 2014 Share Posted June 20, 2014 Is it just the board of directors or does the group include senior highly capable technical experts? If it's just the board of directors then it's a scam. 1 Link to comment Share on other sites More sharing options...
raro Posted June 20, 2014 Share Posted June 20, 2014 One could suspect that there is some entourage in tow, and they have a lot of extra luggage for their shoe collection... Sent from my GT-N7100 using Thaivisa Connect Thailand mobile app 2 Link to comment Share on other sites More sharing options...
Robby nz Posted June 20, 2014 Share Posted June 20, 2014 From Bloomberg Bussinessweek http://investing.businessweek.com/research/stocks/private/board.asp?privcapId=8707222 CAT Telecom Public Company Limited INSIDERS ON Board Members Name (Connections) Relationships Title Age Kitisak Sriprasert 15 Relationships President, Senior Executive Vice President of Education & Training and Director 45 Other Board Members On Board Members Name (Connections) Relationships Type of Board Members Primary Company Age Prapart Praisuwanna 15Relationships Vice Chairman CAT Telecom Public Company Limited 56 Kittin Udomkiat 15Relationships Member of Advisory Board Internet Thailand Public Company Limited -- Tosporn Simtrakarn 15Relationships Member of Advisory Board CAT Telecom Public Company Limited -- Pakkaporn Sathienpakiranakorn 15Relationships Member of Advisory Board Total Access Communication Public Company Limited 66 Segsan Roylapcharoenporn 15Relationships Member of Advisory Board CAT Telecom Public Company Limited -- Phisal Jorphochaudom 15Relationships Member of Advisory Board CAT Telecom Public Company Limited -- Sanpachai Huvanandana Ph.D. 15Relationships Member of the Board of Directors CAT Telecom Public Company Limited 45 Taweesin Hirunwatsiri 15Relationships Member of the Board of Directors CAT Telecom Public Company Limited 57 Kasem Makarabhiromya 15Relationships Member of the Board of Directors CAT Telecom Public Company Limited 54 Kraisorn Barameeauychai 23Relationships Member of the Board of Directors Bangkok Bank Public Co. Ltd. -- Montri Sotangkur 15Relationships Member of the Board of Directors CAT Telecom Public Company Limited 49 Pankanitta Boonkrong 27Relationships Member of the Board of Directors Dhipaya Insurance Public Company Limited 56 Norrawit Larlaeng 15Relationships Member of the Board of Directors CAT Telecom Public Company Limited -- Chawewan Kongcharoenkitkul 15Relationships Member of the Board of Directors CAT Telecom Public Company Limited -- Thosaporn Sirisumphand 15Relationships Member of the Board of Directors CAT Telecom Public Company Limited Perhaps they will reconsider their resignation after the trip. 1 Link to comment Share on other sites More sharing options...
UbonRatch Posted June 20, 2014 Share Posted June 20, 2014 From Bloomberg Bussinessweek http://investing.businessweek.com/research/stocks/private/board.asp?privcapId=8707222CAT Telecom Public Company Limited INSIDERS ON Board MembersName (Connections) Relationships Title Age Kitisak Sriprasert 15 Relationships President, Senior Executive Vice President of Education & Training and Director 45Other Board Members On Board MembersName (Connections) Relationships Type of Board Members Primary Company Age Prapart Praisuwanna 15Relationships Vice Chairman CAT Telecom Public Company Limited 56 Kittin Udomkiat 15Relationships Member of Advisory Board Internet Thailand Public Company Limited -- Tosporn Simtrakarn 15Relationships Member of Advisory Board CAT Telecom Public Company Limited -- Pakkaporn Sathienpakiranakorn 15Relationships Member of Advisory Board Total Access Communication Public Company Limited 66 Segsan Roylapcharoenporn 15Relationships Member of Advisory Board CAT Telecom Public Company Limited -- Phisal Jorphochaudom 15Relationships Member of Advisory Board CAT Telecom Public Company Limited -- Sanpachai Huvanandana Ph.D. 15Relationships Member of the Board of Directors CAT Telecom Public Company Limited 45 Taweesin Hirunwatsiri 15Relationships Member of the Board of Directors CAT Telecom Public Company Limited 57 Kasem Makarabhiromya 15Relationships Member of the Board of Directors CAT Telecom Public Company Limited 54 Kraisorn Barameeauychai 23Relationships Member of the Board of Directors Bangkok Bank Public Co. Ltd. -- Montri Sotangkur 15Relationships Member of the Board of Directors CAT Telecom Public Company Limited 49 Pankanitta Boonkrong 27Relationships Member of the Board of Directors Dhipaya Insurance Public Company Limited 56 Norrawit Larlaeng 15Relationships Member of the Board of Directors CAT Telecom Public Company Limited -- Chawewan Kongcharoenkitkul 15Relationships Member of the Board of Directors CAT Telecom Public Company Limited -- Thosaporn Sirisumphand 15Relationships Member of the Board of Directors CAT Telecom Public Company LimitedPerhaps they will reconsider their resignation after the trip. <deleted> Kin Ell. Link to comment Share on other sites More sharing options...
noahvail Posted June 20, 2014 Share Posted June 20, 2014 I guess there are no laws about interlocking directorates in Thailand. Got to agree with you, Robby! Link to comment Share on other sites More sharing options...
JeremyBowskill Posted June 20, 2014 Share Posted June 20, 2014 Should I even care? Because I really don't! Link to comment Share on other sites More sharing options...
Now or Never Posted June 20, 2014 Share Posted June 20, 2014 Why not use skype and tele conferencing? 1 Link to comment Share on other sites More sharing options...
GeorgeO Posted June 20, 2014 Share Posted June 20, 2014 One could suspect that there is some entourage in tow, and they have a lot of extra luggage for their shoe collection... Sent from my GT-N7100 using Thaivisa Connect Thailand mobile app ...regardless, it is almost a quarter of a million pounds...!! Company directors in many companies in the UK these days would be strung up for such shameless extravagance...!! 1 Link to comment Share on other sites More sharing options...
Popular Post Pib Posted June 20, 2014 Popular Post Share Posted June 20, 2014 Why not use skype and tele conferencing? Because the CAT international bandwidth is not enough. 6 Link to comment Share on other sites More sharing options...
SMSinBangkok Posted June 20, 2014 Share Posted June 20, 2014 Why not use skype and tele conferencing? Because the CAT international bandwidth is not enough. Heheheheheh, my laugh of the day :-) Link to comment Share on other sites More sharing options...
Basil B Posted June 20, 2014 Share Posted June 20, 2014 Commenting on the CAT Telecom’s labor union’s criticism of the board’s overseas business trips to Seattle and Japan during July 6-16 which will cost the company 11.4 million baht in spending, Mr Kittisak said that it was normal for the board to make business trips abroad in order to get themselves abreast with new telecom technology. One day in Seattle one day in Japan and 8 day stop over in Dubai... Link to comment Share on other sites More sharing options...
Chris Lawrence Posted June 20, 2014 Share Posted June 20, 2014 Sounds like an easy practice to target that gets a lot of press and make paddy field workers happy. Why would a public company being paying board members to travel? This is something technical experts in the company would have to do then report back to the board. These practices appear endemic to public companies; there origin and continuance must have had support from the armed services? I wonder what the new gift will be? Link to comment Share on other sites More sharing options...
Lupatria Posted June 21, 2014 Share Posted June 21, 2014 Why not use skype and tele conferencing? Skype does not serve cocktails 'business lunch' and dinner parties. 1 Link to comment Share on other sites More sharing options...
Emster23 Posted June 21, 2014 Share Posted June 21, 2014 Better make that trip to USA soon, before sanctions kick in. Link to comment Share on other sites More sharing options...
attrayant Posted June 21, 2014 Share Posted June 21, 2014 Seattle? What telecom companies are in Seattle? F5 Networks is the only thing that comes to mind, but they're more focused on application delivery than actual telecommunications. Link to comment Share on other sites More sharing options...
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